SPVEF I
--Acquisition Criteria
--Partner Overview
--Representative Transactions
--Property Locations
07/12/2010
Tax Credits Enable Strategic Capital Partners to Move Forward with Avondale Meadows Redevelopment
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05/25/2010
Strategic Capital Partners, LLC Shares NAIOP "Deal of the Year" Award
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03/19/2010
Strategic Capital Partners Named a Network Member of Purpose Built Communitites
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The primary focus of Strategic Partners Value Enhancement Fund (SPVEF I) is on smaller properties that typically require $3 to $15 million of equity with a total transaction size of $10 to $45 million utilizing conventional leverage, fixed or floating, of approximately 65% to 75% of total costs. If necessary, the Fund is able to close a transaction within two weeks on an all cash basis.
These properties will be developed, repositioned, released, and/or redeveloped to materially increase cash flow and residual values. Properties that are able to produce value-added returns in excess of 17% over a hold period of up to five years with the following profile are considered:
• Properties located primarily in the “Tri-Coastal” markets (East, West and Gulf coast areas);
• "C to B" class properties that are well located;
• Properties that can be acquired at prices significantly below replacement cost;
• Properties that are challenged in some manner (leasing or capital constrained) resulting in value creation opportunities; and/or
• Properties that have distinctive location or physical attributes that will extract a pricing premium upon sale and help provide a more rapid and viable exit strategy.